Lezhi Holdings Group Co., Ltd. Announcement of the Resolution of the Ninth Meeting of the Seventh Board of Directors
The Board of Directors and all its members guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and do not contain any false records, misleading statements, or significant omissions.
I. Notice, Convocation, and Convening of the Meeting
The Seventh Board of Directors' Ninth Meeting of Lezhi Holdings Group Co., Ltd. (hereinafter referred to as the "Company") (hereinafter referred to as the "Meeting") was held at 4:00 PM on February 25, 2026, in the Company's conference room on the 11th floor of Jianshe Technology Building, No. 62 Hubin South Road, Xiamen. The meeting was convened and presided over by Mr. Cai Yongtai, Chairman of the Company. The notice of the meeting was delivered to all directors and senior management personnel via OA email, email, and fax on February 23, 2026. Nine directors were entitled to attend, and nine directors were present. The convocation and convening of this meeting comply with the relevant provisions of the "Company Law of the People's Republic of China" and the "Articles of Association."
II. Meeting Resolutions
The meeting adopted a vote by ballot to consider the proposals, and the following resolutions were formed:
(I) The proposal "Regarding the Decision Not to Lower the Conversion Price of 'Lezhi Convertible Bonds'" was deliberated and approved; the voting result was: 9 votes in favor, 0 votes against, and 0 abstentions.